Earlier quoted context omitted.
The truth is somewhere in the middle. Many regulations are terrible and serve as a huge hindrance to innovation, and effectively restrict certain things to only the already-massively-rich entrepreneurs. However, (IMHO) there are a lot of regulations that are important and absolutely should be enforced up front. Finding the right balance is kind of impossible, and I don't want to throw the baby out with the bathwater,…
>> >Many regulations are terrible and serve as a huge hindrance to innovation What is an example of a regulation that was a "huge" hinderance to innovation? Looking at the past 40 years of the US technological progress and the only thing I seen hindering innovation are the tech companies themselves through monopoly, monopsony, patents, and regulatory capture. (Unless the last one is what you meant, but that's a regul…
Not one (token) example, but "many". But I'm as curious as you are and thirsty for some well-researched and replicated numbers. ;)